A Tale of Two Economies - Botswana vs. Zimbabwe

Good governance matters. Botswana has become much wealthier while neighboring Zimbabwe has languished.
GDP per capital in nominal terms, not PPP
Source: World Bank
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+1
Level 33
Nov 11, 2019
1980 was the turning point from where botswana grabbed the opportunity with all hands
+4
Level 66
Nov 9, 2021
Yes. That's when they started taking advantage of the huge expanse of diamonds that they had been living on top of for decades, but hadn't previously discovered.

Interesting also that the same political party has been re-elected every election since independence in 1966. Good governance matters!

+3
Level 84
Nov 17, 2019
Whenever someone says that "more money should be printed/minted", please show them the Zimbabwean economic disaster, as one of their many blunders was that: printing more and more money.
+2
Level 44
Feb 26, 2021
Remember 100 trillion Zimbabwe Dollars.
+1
Level 39
Jun 24, 2021
BOTSWANAAAAAAAAAAA